Korea Fuel-Tech Corporation (KFTC) is an eco-friendly automotive parts specialist established in 1984. The company pursues becoming a top-tier leader in the global automotive industry through the development and production of core components such as carbon canisters, plastic filler necks, and sunshades. It possesses capabilities in providing eco-friendly mobility solutions based on fuel vapor reduction and lightweighting technologies. Active investment in the development of deep learning-based ADAS software and in-vehicle infotainment systems for the future car market is ongoing.KoreaFuel-TechCorporation(KFTC)isaneco-friendlyautomotivepartsspecialistestablishedin1984.Thecompanypursuesbecomingatop-tierleaderintheglobalautomotiveindustrythroughthedevelopmentandproductionofcorecomponentssuchascarboncanisters,plasticfillernecks,andsunshades.Itpossessescapabilitiesinprovidingeco-friendlymobilitysolutionsbasedonfuelvaporreductionandlightweightingtechnologies.Activeinvestmentinthedevelopmentofdeeplearning-basedADASsoftwareandin-vehicleinfotainmentsystemsforthefuturecarmarketisongoing.
Key Products/TechnologiesKeyProducts/Technologies
Carbon Canister: An eco-friendly component that adsorbs fuel tank evaporative gases with activated carbon and burns them during engine operation. A product lineup addressing various environmental regulations including LEV-3/Tier-3 (North America), KLEV3 (Korea), EURO-6 (Europe), and CHINA-6 (China). World's first development of a heated canister for hybrid vehicles, with patents obtained in the US and Korea. Development of dedicated canisters for extended-range electric vehicles (EREV) completed and mass production planned.CarbonCanister:Aneco-friendlycomponentthatadsorbsfueltankevaporativegaseswithactivatedcarbonandburnsthemduringengineoperation.AproductlineupaddressingvariousenvironmentalregulationsincludingLEV-3/Tier-3(NorthAmerica),KLEV3(Korea),EURO-6(Europe),andCHINA-6(China).World'sfirstdevelopmentofaheatedcanisterforhybridvehicles,withpatentsobtainedintheUSandKorea.Developmentofdedicatedcanistersforextended-rangeelectricvehicles(EREV)completedandmassproductionplanned.
Plastic Filler Neck: A conduit connecting the fuel inlet and the fuel tank. Diverse product lines including Mono-layer, Multi-layer, Urea, PA6+ Nano, and MFI filler necks. New products incorporating nanoclays demonstrate over 12 times better evaporative gas barrier performance and achieve approximately 45% and 32% weight reduction compared to steel and multi-layer structures, respectively.PlasticFillerNeck:Aconduitconnectingthefuelinletandthefueltank.DiverseproductlinesincludingMono-layer,Multi-layer,Urea,PA6+Nano,andMFIfillernecks.Newproductsincorporatingnanoclaysdemonstrateover12timesbetterevaporativegasbarrierperformanceandachieveapproximately45%and32%weightreductioncomparedtosteelandmulti-layerstructures,respectively.
Intake System (Air Intake Hose): A component installed in the vehicle engine compartment, serving as a passage for air drawn from outside the vehicle to the air cleaner or filtered air from the air cleaner to the engine's throttle body. Features engine vibration absorption and proprietary production technology using the 3D Suction Blow method.IntakeSystem(AirIntakeHose):Acomponentinstalledinthevehicleenginecompartment,servingasapassageforairdrawnfromoutsidethevehicletotheaircleanerorfilteredairfromtheaircleanertotheengine'sthrottlebody.Featuresenginevibrationabsorptionandproprietaryproductiontechnologyusingthe3DSuctionBlowmethod.
Sunshade: An interior trim component preventing glare from sunlight and headlights from rear vehicles, providing comfort and privacy to occupants. Development and production of various actuated products including Electric Type Sunshade, Manual Type Sunshade, and Door Curtain.Sunshade:Aninteriortrimcomponentpreventingglarefromsunlightandheadlightsfromrearvehicles,providingcomfortandprivacytooccupants.DevelopmentandproductionofvariousactuatedproductsincludingElectricTypeSunshade,ManualTypeSunshade,andDoorCurtain.
Trim Parts (Interior/Exterior): Production of exterior parts such as Radiator Grille, Bumper Grille, Skid plate, and interior parts including Pillar trims, Luggage board, Floor console, Glove box, and Connection duct. Contribution to enhancing vehicle exterior aesthetics and improving interior storage convenience.TrimParts(Interior/Exterior):ProductionofexteriorpartssuchasRadiatorGrille,BumperGrille,Skidplate,andinteriorpartsincludingPillartrims,Luggageboard,Floorconsole,Glovebox,andConnectionduct.Contributiontoenhancingvehicleexterioraestheticsandimprovinginteriorstorageconvenience.
Future Mobility Technologies: Development of deep learning-based Advanced Driver-Assistance Systems (ADAS) software algorithms capable of pedestrian detection even in adverse weather conditions. Development of Personal Virtual Image Monitor (VIM) for autonomous vehicle market growth.FutureMobilityTechnologies:Developmentofdeeplearning-basedAdvancedDriver-AssistanceSystems(ADAS)softwarealgorithmscapableofpedestriandetectioneveninadverseweatherconditions.DevelopmentofPersonalVirtualImageMonitor(VIM)forautonomousvehiclemarketgrowth.
Core AdvantagesCoreAdvantages
Leadership in Eco-Friendly Automotive Parts Technology: Dominant position in the domestic carbon canister market and a global top 4 ranking in technology for fuel vapor reduction. Notably, the world's first development of a heated canister for hybrid vehicles and acquisition of domestic and international patents.LeadershipinEco-FriendlyAutomotivePartsTechnology:Dominantpositioninthedomesticcarboncanistermarketandaglobaltop4rankingintechnologyforfuelvaporreduction.Notably,theworld'sfirstdevelopmentofaheatedcanisterforhybridvehiclesandacquisitionofdomesticandinternationalpatents.
Proprietary Material and Process Technologies: Successful localization of plastic filler necks and development of new nanoclay-added materials, leading to 12 times improved evaporative gas barrier performance and lightweighting technology. Possession of proprietary production technologies such as the 3D Suction Blow method for intake systems.ProprietaryMaterialandProcessTechnologies:Successfullocalizationofplasticfillernecksanddevelopmentofnewnanoclay-addedmaterials,leadingto12timesimprovedevaporativegasbarrierperformanceandlightweightingtechnology.Possessionofproprietaryproductiontechnologiessuchasthe3DSuctionBlowmethodforintakesystems.
Global Production and Supply Network: Establishment of a global production and supply system with three domestic production bases and nine overseas operations in five countries including China, India, Poland, Slovakia, and the United States. Effective response capability to the demands of global automakers through this network.GlobalProductionandSupplyNetwork:EstablishmentofaglobalproductionandsupplysystemwiththreedomesticproductionbasesandnineoverseasoperationsinfivecountriesincludingChina,India,Poland,Slovakia,andtheUnitedStates.Effectiveresponsecapabilitytothedemandsofglobalautomakersthroughthisnetwork.
Investment and Diversification into Future Mobility Technologies: Expansion of business beyond traditional hardware manufacturing into software and future car technologies through the development of deep learning-based ADAS software algorithms and in-vehicle infotainment VIM. Strengthening technological competitiveness through continuous R&D investment (over 7 billion KRW annually).InvestmentandDiversificationintoFutureMobilityTechnologies:Expansionofbusinessbeyondtraditionalhardwaremanufacturingintosoftwareandfuturecartechnologiesthroughthedevelopmentofdeeplearning-basedADASsoftwarealgorithmsandin-vehicleinfotainmentVIM.StrengtheningtechnologicalcompetitivenessthroughcontinuousR&Dinvestment(over7billionKRWannually).
Customer Diversification and Stable Portfolio: Diversification of clientele beyond exclusive supply to Hyundai-Kia to include leading domestic and international automakers such as GM, Volkswagen, Renault, Nissan, Porsche, Volvo, Skoda, Lynk & Co, and Li Auto. Establishment of a stable product portfolio including canisters, filler necks, and trim parts.CustomerDiversificationandStablePortfolio:DiversificationofclientelebeyondexclusivesupplytoHyundai-KiatoincludeleadingdomesticandinternationalautomakerssuchasGM,Volkswagen,Renault,Nissan,Porsche,Volvo,Skoda,Lynk&Co,andLiAuto.Establishmentofastableproductportfolioincludingcanisters,fillernecks,andtrimparts.
Target IndustrieTargetIndustrie
Automotive Industry (internal combustion engine vehicles, hybrid vehicles, extended-range electric vehicles (EREV), etc.)AutomotiveIndustry(internalcombustionenginevehicles,hybridvehicles,extended-rangeelectricvehicles(EREV),etc.)
Future Mobility Industry (autonomous vehicles, in-vehicle infotainment systems)FutureMobilityIndustry(autonomousvehicles,in-vehicleinfotainmentsystems)
Major MarketsMajorMarkets
China (BKFTC), India (KFTI)China(BKFTC),India(KFTI)
Poland (KFTP), SlovakiaPoland(KFTP),Slovakia
United States (KFTA)UnitedStates(KFTA)
Certifications/PatentsCertifications/Patents
US and Korean patents obtained for heated carbon canisters for hybrid vehiclesUSandKoreanpatentsobtainedforheatedcarboncanistersforhybridvehicles
Awarded the 'IR52 Jang Young-shil Award' in 2019 for nanoclay-added plastic filler necksAwardedthe'IR52JangYoung-shilAward'in2019fornanoclay-addedplasticfillernecks
Possession of numerous domestic and international intellectual property rights (46(4) Korean patents (applied), 9 US, 8 Chinese, 1 Japanese, 2 Italian, totaling 66(4) patents)Possessionofnumerousdomesticandinternationalintellectualpropertyrights(46(4)Koreanpatents(applied),9US,8Chinese,1Japanese,2Italian,totaling66(4)patents)
Recipient of the '50 Million Dollar Export Tower' in 2011, '70 Million Dollar Export Tower' in 2012, and '100 Million Dollar Export Tower' along with the Minister of Trade, Industry and Energy Commendation in 2014Recipientofthe'50MillionDollarExportTower'in2011,'70MillionDollarExportTower'in2012,and'100MillionDollarExportTower'alongwiththeMinisterofTrade,IndustryandEnergyCommendationin2014
Operation of an accredited corporate research institute established in 2001Operationofanaccreditedcorporateresearchinstituteestablishedin2001
Introduction
Location
23 Seombawi-gil, Wongok-myeon, Anseong-si, Gyeonggi-do, South Korea
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Information
23 Seombawi-gil, Wongok-myeon, Anseong-si, Gyeonggi-do, South Korea